Keane Finance Brokers

Half Rule You can terminate a consumer hire purchase agreement at any time by either settling the deal or using the “half rule”. Neither method will have any effect on your credit rating. Many consumers are not aware of this rule that is available to them. Kevin Keane of Keane Finance Brokers see is as an option for people who might want to end their hire purchase agreement without it having any adverse effect on their credit rating. “ We have come across this in many instances where consumers are not aware of this rule. It is perfectly legal and once carried out within a certain procedure there will be no adverse effects on the persons credit ratings” The Half Rule is available to anyone with a hire purchase agreement on their vehicle, but … Read entire article »